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Analysis

cryptocurrency February 28, 2020

Ethereum aka the world computer is considered to be the leader of altcoins; partly due to its emergence as a top altcoin and partly due to its popularity. However, even with its massive market cap and popularity, it can’t seem to get away from Bitcoin’s crash. Advertisements At press time, Ethereum’s triple top had been […]

cryptocurrency February 28, 2020

Ethereum started a strong recovery from the $208 swing low against the US Dollar. However, ETH price is likely to fail near $240 and it could resume its decline.Ethereum is up more than 8% and it climbed above the $230 level against the US Dollar.The price is still facing a lot of key hurdles near […]

cryptocurrency February 27, 2020

In the last 24-hours, $38 million of Dai were traded for Ethereum on decentralized exchanges and Coinbase. Moreover, a massive spike in Dai trading volume confirmed this pattern, suggesting that investors are bracing for further drops.A whopping ~$38M of $Dai traded for $ETH in the past 24hrs (v slightly above peg). Mostly on @dydxprotocol and […]

cryptocurrency February 26, 2020

Of the top-ten digital currencies, Ethereum has managed to outperform the rest of the lot since the start of 2020. Valuation-wise, Ethereum had managed to hold a 100%+ hike at press time and its fundamental data statistics have relatively improved as well. Advertisements Following the performance of Ethereum over the first two weeks in February, […]

cryptocurrency February 25, 2020

A new investor entering the digital asset market right now, without any prior information of the industry, may potentially be inclined towards Ethereum. The second-largest crypto-asset has risen by 106.44 percent in 2020, outshining the likes of Bitcoin and the rest. Although the price has been slightly bearish over the past two weeks, the overall […]

cryptocurrency February 25, 2020

Ethereum is currently declining and trading below $270 levels against the US Dollar. ETH price could dive towards the $255 support area before it starts a fresh upward move.Ethereum struggled to climb above the $280 resistance and declined recently against the US Dollar.The price is currently declining and trading below the $265 support area.There is […]

cryptocurrency February 24, 2020

Ethereum started a steady increase above the $260 and $265 resistance levels against the US Dollar. ETH price is currently retreating from $278, but it remains well supported.Ethereum is still struggling to climb above the $280 and $285 resistance levels against the US Dollar.The price traded as high as $278 and it is currently correcting […]

cryptocurrency February 23, 2020

Ethereum started a downside correction from well above the $280 level against the US Dollar, similar to bitcoin. ETH price found support near $245 and it is currently forming a fresh bullish trend.ETH price is trading nicely above the $245 and $250 support levels against the US Dollar.The price is slowly rising and it could […]